Browsing All Posts filed under »Rest of the World«

Portugal and Ireland would be at risk of multi-notch credit downgrades, pushing their ratings into junk territory in the event of a default by Greece, Moody’s EMEA chief credit officer told Reuters on Tuesday. “A Greek default would be highly destabilising and would have implications for the creditworthiness of issuers across Europe,” Alastair Wilson said […]

Apple Inc’s results smashed Wall Street’s expectations after iPhone and Mac sales scaled new heights while iPad supplies could not keep up with roaring global demand. Shares of the world’s most valuable technology corporation rose 3 percent after it said a record 18.65 million units of the category-defining iPhone — its flagship product — moved […]

Oil declined for the first time in four days in New York after Saudi Arabia, the world’s biggest exporter, said the global market has adequate crude supplies. Futures slipped as much as 0.5 percent after Saudi Arabia’s Oil Minister Ali al-Naimi said yesterday that the “market is oversupplied.” Crude fell 2.8 percent last week on […]

Gold futures fell, capping the longest slump in 11 weeks, on bets that US interest rates will increase as the economy recovers, eroding demand for the metal as an alternative investment. The Federal Reserve may be able to cut about $100 billion from its plan to buy US Treasury securities as the economy rebounds, St […]

Warren Buffett, the billionaire stock picker and takeover specialist, says investors should be wary of valuations for social networking websites as some of the industry’s biggest companies prepare to sell shares. “Most of them will be overpriced,” Mr Buffett, chairman and chief executive officer of Berkshire Hathaway, said in New Delhi. “It’s extremely difficult to […]

Spring is in the air, there’s talk about markets looking up…it’s just the perfect time to get optimistic about the future of your investments. With a strong heart and some steel in your belly for risk-taking, check out these three new technologies for energy independence. Todd Ganos at Forbes writes about ways to go green […]

With Japan suffering from multiple disasters — earthquakes, a tsunami and nuclear crisis — it’s no wonder commodity prices almost across the board have seen significant declines on bets that demand for resources from the world’s third-largest economy will slow. But as the Land of the Rising Sun’s calm and determined citizens work to rebuild […]